Ex-Countrymark CEO again seeking early release
David Swanson, who is serving a 12-year sentence for wire fraud, money laundering and tax evasion, has succeeded in getting a federal appeals court to hear his case for early release.
Fraud
Articles
Zionsville man charged with wire fraud, money laundering
Brian Eads faces a maximum of 30 years in prison by engaging in transactions of more than $10,000 with criminally derived proceeds from properties bought at sheriff’s sales.
Plea deal in fraud case provides restitution to Clabber Girl
A high-living Manhattan businesswoman accused of an audacious fraud that cost some of central Indiana’s marquee companies millions of dollars has cut a deal with prosecutors that would ensure she spends no more than 31 months in prison.
Judge nearly sends Durham back to halfway house
Magistrate Judge Kennard Foster said Durham should not continue living at his sister’s house or move back to his mansion because both are in foreclosure.
Probe: Investment adviser Hauke masked huge loss
Fishers investment manager Keenan Hauke suffered massive losses in his hedge fund seven years ago. Then, rather than fess up, he generated fake account statements for clients that showed money they didn’t really have and returns they hadn’t earned, state investigators allege.
Lawyers submit big bill in Fair Finance case
Most of the $1.8 million that Fair Finance trustee Brian Bash has recovered so far could go to attorneys and accountants working on the massive fraud case involving Indianapolis financier Tim Durham.
Durham asks to move back into his mansion
Indicted financier Tim Durham has asked a federal judge to allow him to move from his sister’s home in Geist back to his 20,000-square-foot mansion. Durham has been living with his sister on home detention since his April arrest.
Former flight management firm owner pleads guilty to fraud
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
Marion County prosecutor plots white-collar strategy
Terry Curry expects his creation of a task force will start paying off with new cases—ranging from employee theft and investment fraud to political corruption—in the next few months.
State elections chief tells commission he didn’t lie
Indiana Secretary of State Charlie White painted a picture of himself as a man with a complicated personal life that led him to use dual addresses but he denied ever providing false information as he defended himself Tuesday against voter fraud allegations.
Fair Finance trustee sues National Lampoon
Fair Finance Co.’s bankruptcy trustee this week sued National Lampoon Inc. seeking to recover millions of dollars that indicted financier Tim Durham provided the ailing Los Angeles-based comedy business over the past decade.
Ex-Countrymark CEO’s bid to reduce sentence denied
David Swanson had asked a federal judge to vacate or reduce his 12-year prison sentence stemming from his 2002 conviction for wire fraud, money laundering and tax evasion.
Socialite to plead guilty to federal fraud charges
A New York socialite is expected to plead guilty to federal charges she duped corporations—including Indianapolis-based Roche Diagnostics Corp.—out of millions of dollars.
Bosma to return $10,000 Durham donation
Fair Finance's trustee says Bosma has agreed to return a $10,000 contribution from Durham. Meanwhile, Carl Brizzi, another big recipient of Durham donations, is in settlement discussions with the trustee.
Fair trustee sues to recoup $138,580 in GOP donations
The five lawsuits filed this week do not include the biggest recipients of Tim Durham’s political largesse—campaign committees associated with Indiana Gov. Mitch Daniels and former Marion County Prosecutor Carl Brizzi.
Durham prosecutors propose case-notification plans
Instead of individually notifying the 5,400 investors that Tim Durham and two business partners are accused of defrauding, prosecutors want to keep them apprised of court proceedings through websites and an automated call center.
Fraud suspect Durham released from halfway house
Fraud suspect Tim Durham was released from a halfway house on Monday, after a more thorough accounting of his finances was presented to a federal magistrate. Durham had been at the Indianapolis facility since Wednesday.
Indicted businessman to remain in halfway house
A federal judge has denied a request by Tim Durham, who is accused in a $200 million fraud scheme, to be released from an Indianapolis halfway house
Judge moves Durham fraud trial to next year
Federal Judge Jane Magnus-Stinson on Thursday morning vacated the original trial date of May 16 and instead set jury selection for June 8, 2012. Meanwhile, lawyers for Tim Durham argued for his release from a halfway house he was sent to on Wednesday.
Durham ordered to be held at halfway house for 7 days
A federal magistrate on Wednesday ordered indicted financier Tim Durham held at a halfway house for seven days until he can provide a better accounting of his finances. The magistrate said “money means flight.”